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Stop paying for poverty

Stop paying for poverty. logo: Christian Aid

Stop paying for poverty: what's wrong with the IMF and World Bank /02.08.06

Find out what's wrong with these two institutions and why you need to come to our event in London on Thursday 14 September. Pete Postlethwaite, Ronan Keating, Damian Lewis and Adjoa Andoh explain.

The International Monetary Fund (IMF) and World Bank are two of the largest funding bodies in the world. Right now, they are causing damage to poor countries. And the UK government is a major funder of these institutions. We think this is wrong.

What we want
The IMF and World Bank were set up after the Second World War. In theory, they help poor countries, not harm them. However, there's a catch. They impose conditions on the loans, aid and debt relief they give to poor countries. They have huge power over the lives of poor people and their governments.

Christian Aid is calling for the UK government to cut funding to the IMF and World Bank, until they reform. We want the government to give this money to other agencies instead so that it will benefit poor countries.
>>Video: Pete Postlethwaite explains more

Real people, real lives
Ronan Keating and Damian Lewis found out in person the impact of IMF and World Bank policies on poor people.

In Ghana, Ronan met chicken farmers whose lives are being wrecked by the IMF and World Bank. He tells us how the poultry sector is challenging the influence of the IMF over the Ghanaian government.
>>Video: Ronan Keating tells us more

Last year, Damian saw the devastating impact of IMF and World Bank policies on two sectors in Bolivia, gas and water. He tell us more about the situation in Bolivia.
>>Video: Damian Lewis tells us more

Conditions and why they matter
The IMF and World Bank impose damaging conditions on the loans, aid and debt relief they give to poor countries, including forcing poor countries to privatise key services such as water or energy, open up their markets or make massive cuts in public spending.

In Ghana and Bolivia, water was privatised; in Bolivia the energy sector was taken out of state hands and sold off. In Senegal, the groundnut and electricity sectors were privatised.

Adjoa explains more about conditions and why you need to come to our event in London on 14 September.
Video: Adjoa Andoh explains more

Join Pete, Ronan and Adjoa in London. We look forward to seeing you there! Remember to bring along your friends too.

Act now
• Register online for September
• Find out more about September
• Order or download resources

• Invoice the Treasury


• send this page to a friend

>>Video: join us this September


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